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SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower

SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower

by Phil Hall | Jan 15, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

SL Green Realty Corp. announced that it has closed on the previously announced acquisition of New York City’s Park Avenue Tower for $730 million. Located at 65 East 55th Street in Midtown Manhattan, the property is a 36-story, 621,824-square-foot office building...
Matthew Fries Named CEO and President at Inland Real Estate Investment Corporation

Matthew Fries Named CEO and President at Inland Real Estate Investment Corporation

by Phil Hall | Jan 14, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Inland Real Estate Group LLC, the Oak Brook, Illinois-headquartered commercial real estate investment, finance and operating firm, has announced the appointment of Matthew Fries as CEO and president of Inland Real Estate Investment Corporation. In his new role,...
Aldi Plans 180 New Stores During 2026

Aldi Plans 180 New Stores During 2026

by Phil Hall | Jan 12, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Aldi discount supermarket chain has announced plans to open more than 180 stores by the end of the year. The new plans include the first Aldi store in Maine, along with continued growth in Southeast and West markets plus the opening of three new distribution...
Michael Case Named President at Kipling Group

Michael Case Named President at Kipling Group

by Phil Hall | Jan 12, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Kipling Group, a Toronto-headquartered commercial, industrial, and residential property management firm, announced the appointment of Michael Case as president. Kipling joined Kipling Group in 2024 as chief operating officer, and he will retain that position. He was...
Macy’s to Close 14 Stores Across 12 States

Macy’s to Close 14 Stores Across 12 States

by Phil Hall | Jan 12, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Macy’s Inc. (NYSE: M) is planning to close 14 stores in 12 states during the first part of this year. The retailer will shutter the stores following clearance sales that are set to begin in mid-January and run for approximately 10 weeks. In an email shared with...
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